Business Management TFI International buys Keith Hall & Sons Transport August 4, 2020 BURFORD, Ont. – TFI International has acquired Keith Hall & Sons Transport, a family-run hauler of liquid and dry foods and general freight. TFI’s latest addition generates about $30 million…
Business Management TFI International brings back employees July 28, 2020 MONTREAL, Que. – TFI International has reinstated five-day workweeks for 594 employees and rehired 793 who had been furloughed, as the trucking industry recovers from economic weakness wrought by the…
Business Management TFI picks up Comcar’s MCT Transportation June 29, 2020 MONTREAL, Que. – TFI International has purchased the assets of MCT Transportation, a refrigerated and dry van subsidiary of Comcar Industries. TFI paid US$9.6 million for the assets, including accounts…
Business Management TFI International buys Gusgo Transport June 12, 2020 MONTREAL, Que. – Canada’s largest trucking company just got bigger. TFI International has announced an agreement to acquire Gusgo Transport, a container and storage company with operations in Vaughan,…
Human Resources Fleets consider making telecommuting permanent May 28, 2020 TORONTO, Ont. – Just a few months ago, working from home was a remote dream for most people. Today, working remotely is the reality for millions, and some Canadian fleets…
Transportation Truck fleets report plunging loads, layoffs amid Covid-19 April 22, 2020 TORONTO, Ont. – Trucking is identified as an essential service, but Canada’s trucking industry is under immense economic pressure in the face of Covid-19 – leading to plunging revenues, layoffs,…
Business Management TFI International posts strong Q1, reacts to economic slowdown April 22, 2020 MONTREAL, Que. – TFI International achieved record first quarter operating income of $118.5 million, a 13% increase year-over-year, but has begun seeing the effects of the Covid-19 pandemic on its…
Transportation TFI acquires U.S. courier services business March 3, 2020 MONTREAL, Que. — TFI International Inc. has acquired the courier services business from R.R. Donnelley and Sons Co., TFI announced Monday. The courier business has a nationwide network of…
Transportation TFI names Cameron Holzer senior VP in U.S. February 19, 2020 MONTREAL, Que. — TFI International Inc. has appointed Cameron Holzer senior vice-president of operations to focus on its rapidly expanding U.S. specialized truckload business. With more than 25 years…
Transportation TFI International’s U.S. IPO raises US$230 million February 18, 2020 MONTREAL, Que. – TFI International said Tuesday its initial public offering in the U.S. has raised US$230 million. The IPO of 6.9 million common shares closed earlier in…
Regulations TFI International sets U.S. IPO price at $33.35 February 13, 2020 MONTREAL, Que. — TFI International has set the price for its U.S. initial public offering at US$33.35 per share, the company said late Wednesday. TFI filed for the…
Regulations TFI International files for U.S. IPO February 11, 2020 MONTREAL, Que. -- TFI International has filed for an initial public offering in the U.S., the company announced Monday.
Business Management Sound bites of 2019 December 31, 2019 “If I had a dollar for every time I heard ‘truck driver shortage’, I wouldn’t be here today.” – Kristen Monaco, associate commissioner at the U.S. Bureau of Labor Statistics, who doesn’t believe there is a driver shortage in the trucking industry.
Business Management Driver Inc., trade wars weighing on growth: TFI October 25, 2019 MONTREAL, Que. – TFI International posted a strong third quarter, but Driver Inc., and trade wars have weighed on its growth. In a conference call with analysts, chairman, president…
Business Management TFI International posts strong Q3 October 25, 2019 MONTREAL, Que. – TFI International posted record Q3 results for operating income Thursday, highlighted by a 19% year-over-year increase in the truckload division. The company’s operating income was up 3%…
